Stock Movers

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:
Asos shares rise as much as 7.9%, hitting their highest level in three years, as the online fashion retailer said it now expects to deliver annual adjusted Ebitda at the high-end of its guided range following a return to gross merchandise value growth in the latest quarter. Analysts increased their price targets and estimates.
Christian Dior shares rise as much as 19% after the LVMH holding company said the Arnault family are mulling a tender offer to minority shareholders as part of a plan to simplify the structure of the companies that hold the luxury-goods giant.
Vistry shares drop as much as 10% after the housebuilder reported weak interim results and outlined the findings from the review conducted by its CEO.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
Raspberry Pi rises 23%, to its highest in two months, after first-half revenue at the micro-computer maker jumped 90% to $256.9 million. Adjusted Ebitda more than doubled and the company expects full-year Ebitda above market consensus. Shares are up 150% this year.
H&M shares fall as much as 3.7%, the most since July, after US tariff refunds were largely credited for driving a beat in third-quarter profits at the Swedish fast-fashion retailer. JPMorgan said margins fell significantly once the refunds are accounted for, while RBC analysts noted high inventory due to supply chain disruption.
Vistry shares drop as much as 10% after the housebuilder reported weak interim results and outlined the findings from the review conducted by its CEO.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
China sees losses across the hardware space as investors worry about falling behind American AI's latest advance. Lenovo drops as much as 4%.
BHP suspended all mining operations at its giant Escondida copper complex in Chile after a worker died in an accident Wednesday.
Asian biotech companies fall as Claude's new gene discovery fuels losses. Daiichi Sankyo declines by as much as 2.9%.
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Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- Alkami Technology (ALKT) shares sink as much as 22%, an intraday record, after the board of the cloud-based digital banking platform unanimously decided to remain an independent, public company, disappointing investors hoping for a sale.

- McDonald’s (MCD) shares fell as much as 5.9% to the lowest intraday level since Oct. 2022, after the company projected a step-up in capital expenditures. In addition, during the investor day presentation, CFO Ian Borden said the chain expects its US business to be “slightly negative” in the third quarter. The company is also looking at launching meals that appeal to consumers on weight-loss drugs and those seeking more protein. The lineup being tested includes a crispy chicken bowl in a bed of lettuce, cheese and tomatoes, topped with ranch. Another option includes a grilled-chicken snack wrap. The company is also exploring a burger bowl, according to a company presentation Wednesday, as well as breakfast options such as egg bites.

- KBHomes (KBH) shares are dropping after the homebuilder lowered the upper end of its housing revenue forecast for the full year. The company also cut its housing gross profit margin for 2026.
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Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- Meta Platforms (META) shares are up 2.7% on Wednesday, with investors looking ahead to the Facebook parent’s upcoming Meta Connect event, which comes amid high excitement for the company’s Muse AI agent. Muse was downloaded more than 902,000 times in the six days after Meta introduced it on Sept. 8, and is available for people 18 years and older. Muse lets people create customized AI agents that can complete digital tasks on a user's behalf, and its early popularity may show that Meta's vision of making personalized AI assistants is resonating with consumers.

- McDonald’s (MCD) shares fall as much as 5.9% to the lowest intraday level since Oct. 2022, after the company projected a step-up in capital expenditures. In addition, during the investor day presentation, CFO Ian Borden said the chain expects its US business to be “slightly negative” in the third quarter.

- Royal Caribbean (RCL) shares drop as much as 5.4% on Wednesday after the cruise line operator announced it acquired a 50% stake in Sandals and Beaches Resorts for approximately $3 billion in cash. Some on Wall Street are skeptical of the deal as they say operating an all-inclusive land-based asset is much different than running a cruise ship, though Jefferies’ David Katz says the acquisition should strengthen RCL’s Caribbean presence. The shares fell 6.1% on Tuesday following a report that Royal Caribbean was close to a deal.
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